Equalization definition

Equalization means equal public resource support per funded FTE, regardless of community college district, and exclusive of the base. Equalization is measured by dividing Total Public Resources, exclusive of the base, by funded FTE.
Equalization. The initial distribution of voluntary overtime will be based on seniority. After the initial distribution, it shall be distributed and equalized on a rotating basis to those employees having the least amount of overtime, regardless of whether the employee is full-time or part-time. After the initial distribution seniority prevails only in cases of ties. An employee by written notice to the Employer may waive his/her right to be offered overtime assignments and shall not be included in the overtime rotation. Such waiver, however, shall not exclude the employee from any possible mandatory overtime schedule. Once on waiver, an employee may not change his/her status except after a three (3) month period. Overtime work offered but refused shall be recorded and given equal consideration as overtime actually worked in regards to eligibility for future overtime assignments.
Equalization means the process for making adjustments to taxable property values within a county by analyzing the relationships between assessed values and fair cash values in one or more use categories within the county or between counties by analyzing the relationship between assessed value and fair cash value in each county;

Examples of Equalization in a sentence

  • Out-of-state Contractors shall indicate California Board of Equalization permit number and sales permit number on invoices, if California sales tax is added and collectable.


More Definitions of Equalization

Equalization. System. All overtime work, including overtime holdovers caused by short notice of absence, shall be distributed equally, to the extent practicable, to employees within the same job class at each institution, regardless of shift who have volunteered for such overtime. Equalization shall be accomplished annually, subject to quarterly review of the overtime list by both parties. Employees who refuse overtime, shall only be “charged” the number of hours offered in said overtime.
Equalization means the process for making adjustments to
Equalization in Vietnam means to transform a wholly state-owned enterprise into a shareholding company.
Equalization means the process for making adjustments to taxable property values within a county by analyzing the
Equalization means a mass appraisal or reappraisal of all property within a given taxing jurisdiction with the goal of equalizing values in order to assure that each taxpayer is bearing only the fair share of the tax load. It may be used synonymously with revaluation program. (2011 Real Property Assessment Manual and Guidelines Book 2, Glossary, pg. 8)
Equalization means the methods and calculations for Product quality adjustments as published by the Equalization Steering Committee of the Canadian Association of Petroleum Producers (“XXXX”) or as otherwise utilized by the applicable pipeline or facility operator.
Equalization shall be achieved by offering any available hours to part-time staff by seniority, until such staff attain the identified hours for their program. Once all program part-time staff have been attained identified hours by their program, additional program hours will be offered to part-time staff by seniority, up to 40 hours per week.